Bought with Berkshire Hathaway HS NW
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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,888 sqft
Price per Sqft $282
Subdivision Queen Anne
MLS Listing ID 2405506
Sold Date 09/26/25
Style 54 - 4-Plex
Bedrooms 4
Year Built 1956
Annual Tax Amount $10,343
Lot Size 4,800 Sqft
Property Sub-Type Multi Family
Property Description
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N Yes
View Canal
Roof Type Flat
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Frantz Coe Elementary
Middle Schools Mc Clure Mid
High Schools Lincoln High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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